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Review on Everscale by Douglas Cachazo

Revainrating 5 out of 5

FREE TON A great contribution to the Blockchain

INTRODUCTION

Given the completeness and extensiveness of this project I considered it pertinent to divide my review into 4 bodies or sections to give the most information without extending too much and these are: An INTRODUCTION to the project, WHAT IT IS AND HOW IT WORKS I will outline what it is about and briefly explain how it works, INTERESTING PROJECTS ALREADY IN DEVELOPMENT section in which I will describe some projects already developed and in the process of it using this platform taking into account in my opinion the most relevant. Finally, JOIN THE TON COMMUNITY in which I will give a guide on how to join the community and mention my personal experience in the project.

Very young project created in May 2020 but with a great future for the characteristics of the project, there are important projects of similar cut to this that pursue the same purpose, each pushing on their own side, with the aim of creating a fully decentralized blockchain, open source where anyone can join to develop, fast transaction speeds, low commissions, versatile and optimal management of smart contracts, real governance of the community and that is highly scalable, coupled with great security. those are characteristics that define the FREE TON project.

WHAT IT IS AND HOW IT WORKS

FREE TON can be defined as a system composed of many programs that articulate to give functionality to what is today the TON protocol, a whole ecosystem for development of decentralized financial applications with ultra fast transactions of millions of transactions per second, under a strong security and a well democratized governance where all development is available in open source in the GITHUB repositories, providing developers with tools to developers so they can create new currencies, smart contracts and decentralized financial applications. With the main attraction of extremely low commissions, which will be of great benefit to many, many people who engage in free trade.

The platform is open to any development in a rapid manner, opening the way for the creation of new secure and ultra fast ecosystems within the TON chain, based on consensus participation.

The TON protocol is still under development supported by a fully independent community and some organizations, which decided to continue with the initial TON Project created by Telegram, which due to legal problems was abandoned, the community did not give up and launched the FREE TON Project.

The way the platform works is not well documented, the development is available and there is a large community willing to clarify doubts in one of the accounts available on Telegran. But basically there is no single blockchain, instead it is fragmented into three blockchains with functionalities to each of them, the main chain would be the blocks, in another chain called working chain reside the smart contracts and transactions are executed and a third chain where the accounts reside, creating independence and separate operation avoids bottlenecks and therein lies its ultra speed,

The utility token is the TON coin on which the economy of the platform is based, the consensus algorithm used is the POS and uses the so called master nodes already known as a non-traditional mining called by many ecological where transactions are validated using frozen coins, also called staking, which are placed by the validators, to collaborate with the project validating transactions, ie proof of participation.

INTERESTING PROJECTS ALREADY UNDER DEVELOPMENT

To date, more than 60 interesting projects are already operating on its platform.

The most outstanding ones are: Serverspace which is a payment platform that operates with the TON currency, Combot which is used to interact with your Telagran group, a platform for creating content, the decentralized wallet FREE TON WALLET which we will describe in another review. Project to create smart contracts in short a series of interesting projects which you can see in its entirety on their website.

However, the one that caught my attention the most is the Ethereum bridge project which will be very beneficial as it will allow transactions between the Ethereun blockchain and the TON, solving problems of transaction speed and the high commissions in ethereun. The ethereun token is mined and blocked so that its counterpart on the TON chain is issued in TON currency. The transaction is effected as the smart contract is brought in and the ethereun coin is returned to its new owner. Pretty cool. This will bring up a number of use cases that are lost sight of.

JOIN THE TON COMMUNITY

I already had knowledge of the project since last year in a digital magazine mentioned the benefits of this nascent network and that many opportunities were opening for developers who wish to join their community, however I did not join because the development tools with which I feel more comfortable for these developments are phython and javascrips and the ones used in Free ton are C, and Solidity, which is the programming language used in the Ethereum blockchain, something similar to javascrips, so I gave up on entering development, however writing this review I came across the possibility of entering as a validator, and thus being able to use the staking option to contribute to the development and I will receive rewards for it as a transaction validator as a participating node,

If you are a developer and you know the languages used in the FREE TON network you can join the community, although the option to join the community is not placed visible on the web, but I will explain how to do it. Before I must warn you that they do not admit residents of the United States, at least for now. And this is not due to discrimination, it is due to legal problems that arose with Telegran when the original TON Project was implemented. I could say that this is an inherited evil.

joining the TRON community, although it is not explicitly stated on their website and that is a suggestion. There should be a tab labeled JOIN THE COMMUNITY on their web page, however I will give you the steps to join

In the search bar place Sign the free declaration of decentralization,

Select the box that will appear immediately at the bottom, with the same legend,

When you select the option or box you will be presented with the declaration of decentralization document, so you can read it carefully, then select the Join and sign button, which will invite you to fill out the simple form to be accepted into the community, you can enter as a developer and validator or other. In my case I selected only validator. Once you have submitted the form with all the data you will automatically receive an email welcoming you to the community.



Pros
  • Project with many features to be the blockchain of the future.
  • Good tools to develop DEFI applications
  • Fully open source, decentralized and governed by the community
  • Despite the short time already has more than 60 developments on its platform
  • Ultra fast transactions with very low commissions
  • Rewards for validators for re statements
Cons
  • Does not support any U.S. resident
  • May be affected by new cryptocurrency laws in CHINA

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